The decentralised IoT security platform developer has raised series A funding from investors including General Electric’s GE Ventures unit.
Month: July 2018
PayU sees PaySense in $18m series B
Online lending processor PaySense has raised money in a series B round led by an $11.5m investment from strategic backer PayU.
Alibaba picks Pekon for investment
Cosmetics-focused retail software provider Pekon has raised $13.3m in an Alibaba-led round backed by existing investor LightHouse Capital Management.
Corporate venturing deal net: 23-27 July 2018
TrackR, the US-based possession-tracking device developer backed by e-commerce firm Amazon and mobile network operator NTT Docomo, has secured a little over $10m according to a regulatory filing. The company had raised a total of more than $60m as of its last round, a $50m series B in August 2017 featuring corporate venturing units Amazon… Continue reading Corporate venturing deal net: 23-27 July 2018
Corporates join Guild for $40m series C round
Salesforce Ventures and Workday Ventures contributed to a round that took adult education platform Guild Education’s total funding to more than $71m.
News round up 30 July 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
ClassPass works out $85m series D round
Temasek led a round that increased the total raised by GV-backed fitness membership platform ClassPass to $255m.
The RealReal luxuriates in $115m
The Novel TMT-backed pre-owned luxury items platform has added series G cash to its coffers, bringing its total funding to date to $288m.
Ascletis to clear $400m in IPO
The Tasly-backed hepatitis C drug developer priced its shares in the middle of their range and is set to float at the start of next month.
FinAccel finds corporates for $30m series B
Corporate venturing units MDI Ventures and GMO Venture Partners chipped in to help FinAccel, owner of e-commerce credit system Kredivo, raise new funds.
Stamps.com collects MetaPack in $230m deal
E-commerce logistics platform MetaPack, which counts WPP among its investors, has agreed to an acquisition by Stamps.com.
WeWork China shows it means business, raising $500m
SoftBank and its Vision Fund were among five investors that co-led the round to double the amount raised by WeWork’s China spinoff to $1bn.
New TV notches up $1bn
US-based video production company New TV has increased its first funding round to $1bn, $200m of which has come from a range of entertainment providers, CNN reported yesterday. Walt Disney, 21st Century Fox, Warner Bros and Entertainment One are among the media and entertainment companies that have collectively provided the $200m, and the rest has… Continue reading New TV notches up $1bn
Okta opts for ScaleFT acquisition
Okta paid an undisclosed amount for remote-access technology developer ScaleFT allowing Rackspace to exit.